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Samsung launches two new folding smartphones to fend off competition from rivals

Samsung has launched two new Folding Smartphones, the Galaxy Z Flip 5 and Galaxy Fold 5, as well as a tablet and two smartwatches. The new phones offer incremental upgrades over last year's models, with the Galaxy Z Flip 5 featuring a larger cover display and a more comfortable clamshell design. While foldables remain a niche part of the smartphone market, Samsung remains the market leader, commanding 80% of global foldable shipments in 2022. The market expects foldable phone shipments to double to 30 million in 2023. The new phones are available for pre-order with prices starting at $999.99 for the Flip 5 and $1,799.99 for the Fold 5.

The post Samsung Launches two new folding smartphones to fend off competition from rivals appeared first on Balanced News Summary.



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